With the Democratic National Convention set to kick off next week, former Vice President Joe Biden will announce his running mate in the coming days, Paige Hill, surrogate communications director for the campaign, told Cheddar.
"There are a number of diverse, dynamic, incredibly highly qualified women in this process and we will be lucky to announce very soon who will be joining us," she said.
Biden committed to selecting a woman as his running mate back in March and his shortlist reportedly includes Sen. Kamala Harris (D-Calif.), Sen. Elizabeth Warren (D-Mass.), Rep. Karen Bass (D-Calif.), and former National Security Advisor Susan Rice.
When it comes to defending Biden's pick against impending attacks from the Trump administration, Hill said the campaign's focus will be to remind voters of the future VP's "hard work."
"Whoever she is, we are going to support her and make it clear she has worked very hard to get to where she is," Hill explained.
While Milwaukee was set to be the home of this year's convention, the coronavirus pandemic has forced the nominating ceremony online. Hill said the campaign is taking the move in stride and is excited about Biden's chance to reach voters who otherwise might "not have felt part of a party convention before."
"You won't need a floor pass to experience the biggest moments up close," she noted. "We are going to reach folks where they are, talking about the issue they most care about right now."
Biden is expected to accept the nomination for president from his home state of Delaware.
As the DNC is set to take off a week before the RNC, Hill said the focus isn't on worrying about Republicans replicating their virtual conference, it's about rallying behind the person they believe will lead the U.S. out of a grim state.
"A convention of hope and leadership and for a leader that will unite us on day one," she stated.
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
